GigaCloud Technology Inc. (GCT)

GigaCloud Technology Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,223	1,161	703.83	490.07	414.2	275.48
Revenue Growth (YoY)	10.17%	64.96%	43.62%	18.32%	50.36%	125.26%
Cost of Revenue	940.22	875.81	515.2	406.96	324.6	200.36
Gross Profit	282.71	285.24	188.63	83.11	89.6	75.12
Selling, General & Admin	139.72	144.63	71.39	46.67	50.24	30.93
Research & Development	10.57	9.79	3.93	1.43	-	-
Operating Expenses	150.28	154.42	75.32	48.09	50.24	30.93
Operating Income	132.43	130.82	113.31	35.02	39.35	44.18
Interest Expense	-0.16	-0.26	-1.24	-0.57	-0.31	-0.05
Interest & Investment Income	11.4	9.41	3.3	0.47	0.54	0.06
Currency Exchange Gain (Loss)	0.13	-1.23	2.09	-4.85	-2.01	1.02
Other Non Operating Income (Expenses)	4.18	2.08	0.77	1.09	0.16	0.06
EBT Excluding Unusual Items	147.98	140.81	118.23	31.16	37.73	45.28
Gain (Loss) on Sale of Assets	-0.11	-0.19	-3.24	-	-	-
Pretax Income	147.88	140.61	115	31.16	37.73	45.28
Income Tax Expense	18.05	14.81	20.89	7.19	8.47	7.82
Net Income	129.83	125.81	94.11	23.97	29.26	37.46
Preferred Dividends & Other Adjustments	-	-	-	9.29	20.28	24.5
Net Income to Common	129.83	125.81	94.11	14.68	8.98	12.96
Net Income Growth	-0.45%	33.68%	292.57%	-18.06%	-21.89%	1210.99%
Shares Outstanding (Basic)	39	41	41	24	10	9
Shares Outstanding (Diluted)	39	41	41	24	10	9
Shares Change (YoY)	-4.84%	0.68%	67.63%	138.21%	7.92%	-
EPS (Basic)	3.32	3.06	2.31	0.60	0.88	1.36
EPS (Diluted)	3.31	3.05	2.30	0.60	0.88	1.36
EPS Growth	4.32%	32.61%	283.33%	-31.53%	-35.79%	1185.62%
Free Cash Flow	188.05	142.54	129.07	48.95	6.73	32.63
Free Cash Flow Per Share	4.80	3.46	3.15	2.00	0.66	3.44
Gross Margin	23.12%	24.57%	26.80%	16.96%	21.63%	27.27%
Operating Margin	10.83%	11.27%	16.10%	7.15%	9.50%	16.04%
Profit Margin	10.62%	10.84%	13.37%	3.00%	2.17%	4.70%
Free Cash Flow Margin	15.38%	12.28%	18.34%	9.99%	1.63%	11.85%
EBITDA	141	139.34	116.19	36.41	40.13	44.41
EBITDA Margin	11.53%	12.00%	16.51%	7.43%	9.69%	16.12%
D&A For EBITDA	8.58	8.52	2.87	1.39	0.78	0.23
EBIT	132.43	130.82	113.31	35.02	39.35	44.18
EBIT Margin	10.83%	11.27%	16.10%	7.15%	9.50%	16.04%
Effective Tax Rate	12.20%	10.53%	18.16%	23.08%	22.45%	17.27%
Revenue as Reported	1,223	1,161	703.83	490.07	414.2	275.48
Advertising Expenses	-	6.67	3.91	1.53	1.85	1.08

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q